Record High Quarterly Adjusted EBITDA Market Share Reached 16.6%
HONG KONG, July 30, 2025 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the “Group”) for second quarter (the “Period”).
The Group is pleased to see the Period Macau has posted growth from last year. Daily visitation reached 102,812, representing a year-on-year growth of 19%, having recovered to 94% of same period in 2019.
Gross gaming revenue (GGR) in Macau also saw growth. Headline daily GGR in the Period rose 8% year-on-year to MOP671.6 million per day, accelerated from MOP640.6 million per day in the first quarter.
- MGM China, in the second quarter, saw property visitation grow by 12% year-on-year reaching 175% of 2019 pre-COVID levels
- MGM China’s daily GGR in the Period grew by 12% year-on-year to MOP111.2 million, compared to MOP100.4 million in the first quarter.
- Net revenue for the Group was HK$8.7 billion in the second quarter (24Q2: HK$8.0 billion). The Group reported adjusted EBITDA of HK$2.5 billion for the quarter (24Q2: HK$2.4 billion). Adjusted EBITDA margin for the Period was 29.0%.
- On a quarter-on-quarter basis, net revenue was up 8.4% while adjusted EBITDA was up 6.1%, marking the quarter as a historical high. Adjusted EBITDA has surpassed 2019 pre-COVID levels by 172%.
- We are glad to see a solid market share for the Period, which grew to approximately 16.6% from 16.0% a year ago. MGM COTAI market share was approximately 10.5% and MGM MACAU …